Dismissing the appeal of the revenue the Court held that the assessee, was an urban development authority constituted under section 22 of the Gujarat Town Planning Act. It undertook the task of framing and implementing the town planning scheme in areas which did not fall within any other local authority as defined under the Town Planning Act. The functions of the assessee were for charitable purposes and for general public utility and therefore, the assessee was entitled to exemption under section 11 of the  Act. (AY. 2011-12)